by countyproperties | Oct 2, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Breaking Commentary: It Passed! Now What?By Liz Ann Sonders, Senior Vice President, Chief Investment Strategist, Charles Schwab & Co., Inc.October 3, 2008In a 263-171 vote, Congress passed the Emergency Economic Stabilization Act of 2008in the hopes of unfreezing...
by countyproperties | Sep 26, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Will the government do a successful bail out or are they being irresponsible? We sit and wait today for Washington to decide on the bail out program. Well, probably not today, knowing how the government was slow to react to the problems...
by countyproperties | Sep 24, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
$700 Billion for What? By Lawrence Yun, Chief Economist A massive $700 billion bill will be fast-tracked through Congress this week to give the U.S. government the authority to buy bad mortgages off the books of Wall Street firms. People are calling it the...
by countyproperties | Sep 11, 2008 | Finance
According to the NY Federal Reserve, there were 116 million total housing units in June 2008. About 50 million were prime mortgages, 37 million were rental units, 26 million had no mortgage, leaving a total of 3 million subprime mortgages. Subprimes represent...
by countyproperties | Sep 11, 2008 | Finance, Real Estate news
Q What does it mean that the new tax credit is refundable? A It means good news for many home buyers! A ‘refundable credit’ means that even if you pay little or no income tax, you can claim the credit and get a check from the IRS. ...
by countyproperties | Aug 28, 2008 | Finance, Real Estate news
Consumer sentiment rose to 56.9 in August, up from 51.9 in July, according to The Conference Board Consumer Confidence Indexâ„¢ released Tuesday, indicating a slow shift toward an economic recovery, albeit one that analysts predict will likely take...
